Please find attached the 30th Annual report covering the notice of the AGM to be held on Tuesday, 30th September, 2025 at 10.00 am.
Awaiting price reaction for this filing.
Aris International Limited (BSE: 531677) has filed the notice for its 30th Annual General Meeting to be held on Tuesday, 30th September 2025 at 10:00 am via Video Conferencing (VC/OAVM). The meeting will cover ordinary business such as adoption of FY25 financial statements and re-appointment of Whole Time Director Mr. Chanakya Agarwal, along with special business to regularize the appointments of Mr. Chanakya Agarwal as Whole Time Director (5-year term, no remuneration), Ms. Baljeet Kaur as Executive Director, and Mr. Shashi Raghavan Acharya as Independent Director (5-year term). The company's FY25 turnover stood at Rs. 21.58 lakhs, down sharply from Rs. 56.36 lakhs in FY24, while net profit after tax fell to Rs. 4.40 lakhs from Rs. 12.76 lakhs. The company has attributed weak profits to stiff competition and lack of fresh contracts, and is planning to recruit new talent to improve technology offerings.
Shareholders should note the continued decline in revenue and profits, along with significant churn at the board and KMP level (multiple resignations and new appointments in FY25). The regularisation of director appointments and lack of remuneration for the Whole Time Director signal a cost-conscious approach, but the weak financial performance may weigh on the stock in the absence of a clear turnaround strategy.